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List and Briefly Comment on the Three Main Considerations in Constructing

question 68

Essay

List and briefly comment on the three main considerations in constructing a channel of distribution.


Definitions:

Manufacturing Overhead

All manufacturing costs other than direct labor and direct materials that are involved in the creation of a product.

Work in Process Inventory

Goods that are in various stages of the production process but are not yet completed products.

Raw Materials Inventory

The stock of basic materials and components required to manufacture products.

Finished Goods Inventory

Goods that are fully manufactured but have not been purchased or sent out to buyers.

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